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You Can Hold U.S. Dollars in Registered Accounts

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  • FAQs

Save on Foreign Exchange Costs

With the Dual Currency in Registered Accounts capability, RBC Direct Investing is the first major bank-owned online brokerage to offer you the option of holding both U.S. and Canadian dollars in most registered accounts (opens new window), including Tax-Free Savings Accounts. This means that when you are trading U.S.-based securities you have the option to settle in U.S. dollars to avoid the cost and inconvenience of foreign exchange from and to Canadian dollars.

 

Hold U.S. and Canadian Dollars in a Single, Integrated Account

The Dual Currency in Registered Accounts functionality gives you the convenience of managing the Canadian and U.S. side of your registered plans within a single, integrated account. This capability also gives you the flexibility and control to decide when and if you convert your U.S. dollars back to Canadian dollars.

 
 

Get More Value for Your Money

Enjoy low trade commissions—from as low as $6.95 to $9.95 flat!(1)

  • Maintain $50,000 or more in household(2) assets per quarter and pay only $9.95 flat per Canadian or U.S. equity trade
  • Trade between 30 and 149 times per quarter and pay only $9.95 flat per Canadian or U.S. equity trade
  • Trade 150 or more times per quarter and pay a low commission of $6.95 flat per Canadian or U.S. equity trade

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Invest with Confidence

At RBC Direct Investing, you'll have access to everything you need to plan, build and monitor your investment portfolio. This includes:

  • Extensive commentary and research on U.S. and Canadian markets from Standard & Poor's, RBC Dominion Securities and RBC Asset Management
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  • Tools to help you to build, manage and monitor your portfolio including the stock insight tool, investment filters, watchlists, research, technical analysis and the ETF Centre.
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New Client?

Open an account and start taking advantage of the Dual Currency in Registered Accounts functionality.

 

1) All commissions are charged in the currency in which the security trades. This pricing only applies to trades placed through the online investing site and the automated telephone service. Multiple trades on the same account, same security, same exchange, same side of the market (buy versus sell) and same day are consolidated; and commissions are charged based on the consolidated end-of-day total share quantity.
2) Household asset accounts are defined as RBC Direct Investing accounts for clients living in the same household, with the same address. You must advise RBC Direct Investing of these multiple account relationships.

 

Take ActionExisting Client?

If you're an existing RBC Direct Investing client, you do not have to take any action to be able to hold U.S. dollars in qualifying registered accounts. For more information, see the FAQs.

 

100% reimbursement for unauthorized transactions through RBC Direct Investing Online Investing. Learn More